3 ms·
Depends on how supply performs relative to demand… price is just a function of the balance between these two. Fossil fuel consumption is still growing globally,
by adam_arthur 4y ago
Depends on how supply performs relative to demand… price is just a function of the balance between these two. Fossil fuel consumption is still growing globally, and faster than production.
So prices currently look set to rise. Higher oil prices make renewables look relatively more attractive though, so its a bit reflexive